MME: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MME
Largest movements
- Cash -€13,794
down €13,794 (-65.1%), from €21,193 to €7,399
mainly Net result for the year (-€12,095) and Tax, wage and social debts (-€5,394)
- Tangible fixed assets -€3,173
down €3,173 (-59.0%), from €5,375 to €2,202
of which Leasing and similar rights: -€4,060
- Receivables within one year -€3,070
down €3,070 (-16.8%), from €18,229 to €15,159
of which Trade receivables: -€9,205
- Deferred charges and accrued income -€869
down €869 (-82.1%), from €1,058 to €189
- Profit (loss) carried forward -€12,095
down €12,095 (-49.1%), from €24,614 to €12,520
- Tax, wage and social debts -€5,394
down €5,394 (-44.9%), from €12,013 to €6,619
- Other debts -€3,124
no longer reported in 2025 (was €3,124)
- Current portion of long-term debt -€1,104
no longer reported in 2025 (was €1,104)
- Accrued charges and deferred income +€500
new in 2025: €500
- Gross operating margin -€39,170
down €39,170, from €32,682 to -€6,489
- Taxes -€5,940
no longer reported in 2025 (was €5,940)
- Depreciation -€791
down €791 (-16.1%), from €4,920 to €4,129
- Financial charges +€639
up €639, from -€326 to €313
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,855 | €24,949 | -€20,906 | -45.6% |
| Fixed assets | 21/28 | €5,375 | €2,202 | -€3,173 | -59.0% |
| Tangible fixed assets | 22/27 | €5,375 | €2,202 | -€3,173 | -59.0% |
| Furniture and vehicles | 24 | - | €887 | +€887 | |
| Leasing and similar rights | 25 | €5,375 | €1,315 | -€4,060 | -75.5% |
| Current assets | 29/58 | €40,480 | €22,747 | -€17,734 | -43.8% |
| Amounts receivable within one year | 40/41 | €18,229 | €15,159 | -€3,070 | -16.8% |
| Trade receivables | 40 | €18,229 | €9,024 | -€9,205 | -50.5% |
| Other amounts receivable | 41 | - | €6,134 | +€6,134 | |
| Cash at bank and in hand | 54/58 | €21,193 | €7,399 | -€13,794 | -65.1% |
| Deferred charges and accrued income | 490/1 | €1,058 | €189 | -€869 | -82.1% |
| Total equity and liabilities | 10/49 | €45,855 | €24,949 | -€20,906 | -45.6% |
| Equity | 10/15 | €29,614 | €17,520 | -€12,095 | -40.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,614 | €12,520 | -€12,095 | -49.1% |
| Amounts payable | 17/49 | €16,241 | €7,429 | -€8,812 | -54.3% |
| Amounts payable within one year | 42/48 | €16,241 | €6,929 | -€9,312 | -57.3% |
| Current portion of amounts payable after more than one year | 42 | €1,104 | - | -€1,104 | |
| Trade debts | 44 | - | €310 | +€310 | |
| Suppliers | 440/4 | - | €310 | +€310 | |
| Taxes, remuneration and social security | 45 | €12,013 | €6,619 | -€5,394 | -44.9% |
| Taxes | 450/3 | €12,013 | €6,619 | -€5,394 | -44.9% |
| Other amounts payable | 47/48 | €3,124 | - | -€3,124 | |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,920 | €4,129 | -€791 | -16.1% |
| Other operating charges | 640/8 | €1,416 | €1,167 | -€249 | -17.6% |
| Gross operating margin | 9900 | €32,682 | -€6,489 | -€39,170 | |
| Operating profit (loss) | 9901 | €26,346 | -€11,784 | -€38,130 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +6566.7% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +6566.7% |
| Financial charges | 65/66B | -€326 | €313 | +€639 | |
| Recurring financial charges | 65 | -€326 | €313 | +€639 | |
| Profit (loss) for the period before taxes | 9903 | €26,672 | -€12,095 | -€38,766 | |
| Income taxes | 67/77 | €5,940 | - | -€5,940 | |
| Profit (loss) for the period | 9904 | €20,732 | -€12,095 | -€32,826 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,732 | -€12,095 | -€32,826 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.